Posts by Liam Redmond
Mapletree Logistics Trust prices S$400 million perpetual securities at 3.5%
Net proceeds will go towards the group’s general corporate and working capital purposes [SINGAPORE] Mapletree Logistics Trust (MLT) has priced S$400 million in subordinated perpetual securities at 3.5 per cent under its S$3 billion euro medium-term securities programme. Net proceeds will go towards the group’s general corporate and working capital purposes, including the refinancing of…
Read MoreSingapore stocks end flat amid mixed regional showing
Published Tue, Aug 4, 2026 · 07:13 PM [SINGAPORE] Singapore stocks ended flat on Tuesday (Aug 4), with the benchmark Straits Times Index (STI) closing 0.03 points lower at 5,612.25. CapitaLand Investment led the gainers on Singapore’s blue-chip index, rising 2.6 per cent or S$0.07 to S$2.73. The worst performer among STI constituents was Sats…
Read MoreFrancesca Hong Left Restaurant for Having ‘Too Many Old White People’
Francesca Hong, current Democrat gubernatorial candidate in the state of Wisconsin, said she once left a Culver’s fast food restaurant after she nearly experienced an “anxiety attack” due to “too many old white people.” Hong shared her story about the anxiety episode in a 2019 post on X. “I ate two bites of my kid’s…
Read MoreUBS to pay US$125 million in fines over anti-money laundering violations
This is the largest-ever fine against a broker-dealer for Bank Secrecy Act violations Published Tue, Aug 4, 2026 · 12:17 AM UBS Financial Services (UBSFS), a subsidiary of UBS Group, has agreed to pay US$125 million in fines to settle allegations by the US government that it wilfully and repeatedly violated anti-money laundering (AML) rules. …
Read MoreShell sells European onshore renewables to TotalEnergies
The deal includes about 500 megawatts of operating or under-construction solar and wind assets Published Mon, Aug 3, 2026 · 04:52 PM SHELL is selling its onshore European renewables unit to TotalEnergies, the companies said on Monday (Aug 3), as the British oil major continues to scale back its low-carbon investments to focus on upstream…
Read MorePolice: Two Good Guys with Guns Engaged In-N-Out Attacker
During a Sunday presser, law enforcement authorities made clear that two good guys with guns exchanged gunfire with the alleged Twin Falls, Idaho, In-N-Out attacker. Earlier on Sunday, Breitbart News pointed to reports that a citizen with a handgun shot at the attacker, noting that a witness believed the citizen had saved lives. However, at…
Read MoreYen leaps after joint US-Japan forex intervention, leaving the US dollar bruised
The yen surged more than 3% surge over two trading sessions in the week ended Aug 2 Published Mon, Aug 3, 2026 · 09:48 AM [SINGAPORE] The yen leapt on Monday (Aug 3), keeping traders on alert for further intervention from authorities to shore up Japan’s historically weak currency, days after Tokyo and Washington jointly…
Read MoreAfter a blockbuster IPO, can China’s memory chipmaker CXMT compete globally in the AI era?
Firm’s realistic near-term target remains below the performance of today’s leading AI memory [BEIJING] A blockbuster initial public offering (IPO) can generate buzz and signal investor confidence, but the far harder test of becoming a globally competitive company only begins after the opening bell. That is the challenge now facing China’s top memory chipmaker ChangXin…
Read More‘Not an easy company to understand’: Frencken wants to be known for more than semiconductors
The company’s president says its edge comes from engineering capabilities with applications across industries [SINGAPORE] What do smartphones, luxury cars and operating theatres have in common? More than most people realise. Mainboard-listed Frencken Group has a hand in all three – with its components finding their way into machines that manufacture smartphone chips, analogue clocks…
Read MoreMultiple People Killed After Shooter Opens Fire at Idaho In-N-Out Restaurant, Suspect Dead
Three people were killed when a man opened fire on an In-N-Out restaurant in Twin Falls, Idaho, on Saturday, police said. At least two others suffered injuries, though authorities expect reports of wounded to rise, according to Twin Falls spokesperson Josh Palmer. It is unclear if the death toll includes the shooter. Authorities have yet to…
Read MoreTrump’s 340B Proposal Puts Patients Over Criminals and Big Hospital Profits
The following content is sponsored by Americans for Limited Government. For years, Washington let a critical federal healthcare program morph into something Congress never intended. What began as a lifeline for vulnerable patients has slowly become a multibillion-dollar windfall for powerful hospitals, with too little transparency, too little accountability, and far too many opportunities for abuse. Politicians ignored…
Read MoreYen surges to lower 157 versus US dollar, Japan authorities step in
Published Sat, Aug 1, 2026 · 11:18 AM [TOKYO] The yen briefly surged to the lower 157 level against the US dollar in New York on Friday (Jul 31), with Japanese government sources confirming a yen-buying, dollar-selling intervention by currency authorities. Trading at 157.24 per US dollar for a brief span, the yen hit its…
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